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BROWN v. POSIN

No. 8154.

284 F.2d 300 (1960)

Benjamin B. BROWN, Trustee in Bankruptcy of the estate of Hyman R. Posin, Bankrupt, Appellant, v. Hyman R. POSIN, Appellee.

United States Court of Appeals Fourth Circuit.

Decided November 11, 1960.

Attorney(s) appearing for the Case

Edward L. Genn, Washington, D. C. (Benjamin B. Brown, Silver Spring, Md., on brief), for appellant.

J. Martin McDonough, Baltimore, Md. (Wm. Holland Wilmer, II, and Piper & Marbury, Baltimore, Md., on brief), for appellee.

Before SOBELOFF, Chief Judge, SOPER, Circuit Judge, and BRYAN, District Judge.

PER CURIAM.

This appeal relates to the exemptions allowable to a bankrupt. Maryland Law is here controlling, and the answer depends upon the proper interpretation of a Maryland statute and the Maryland Constitution. The District Court held that Article 48A, section 166, of the Maryland Code (1957) applies. This statute exempts the cash surrender value, without limitation, of life insurance policies made for the benefit of...

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